iShares MSCI USA Min Vol Factor ETF $USMV Stock Sold by Lido Advisors LLC

Lido Advisors LLC trimmed its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 60.6% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 298,423 shares of the company’s stock after selling 458,677 shares during the period. Lido Advisors LLC owned approximately 0.12% of iShares MSCI USA Min Vol Factor ETF worth $29,078,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of USMV. NFSG Corp lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 134.6% during the 3rd quarter. NFSG Corp now owns 366 shares of the company’s stock worth $36,000 after acquiring an additional 210 shares during the period. Heritage Family Offices LLP acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 3rd quarter worth approximately $37,000. Beacon Financial Strategies CORP acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 2nd quarter worth approximately $42,000. Next Level Wealth Planning LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the third quarter valued at approximately $71,000. Finally, MADDEN SECURITIES Corp bought a new position in iShares MSCI USA Min Vol Factor ETF in the third quarter valued at approximately $74,000.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of USMV opened at $103.21 on Wednesday. iShares MSCI USA Min Vol Factor ETF has a one year low of $91.02 and a one year high of $104.75. The company has a market cap of $24.16 billion, a P/E ratio of 23.08 and a beta of 0.63. The firm has a 50 day simple moving average of $100.63 and a two-hundred day simple moving average of $97.29.

iShares MSCI USA Min Vol Factor ETF Company Profile

The iShares MSCI USA Min Vol Factor ETF (USMV) is an exchange-traded fund that is based on the MSCI USA Minimum Volatility (USD) index. The fund tracks an index of US-listed firms selected and weighted to create a low-volatility portfolio subject to various constraints. USMV was launched on Oct 18, 2011 and is managed by BlackRock.